Insperity to Invest $9 Million of Tax Reform Savings in Its Employees

February 09, 2018 09:00 AM Eastern Standard Time

HOUSTON--(BUSINESS WIRE)--Insperity,
Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced one-time bonuses to its employees made
possible through the U.S. tax reform act recently signed into law. The
amount of the bonuses will range from $1,000 to $4,000 per employee
dependent upon the employee’s tenure with the company. These bonuses
total approximately $9 million and will not be awarded to the management
team and other senior leaders.

“Our employees are our most important asset and the reason we’ve been
able to consistently offer a premium service offering to our clients and
worksite employees, and achieve extraordinary financial results for our
shareholders,” said Paul J. Sarvadi, Insperity chairman and chief
executive officer. “We are pleased to reward them for their dedication
and hard work over the years, while also investing in our business for
continued success.”

“We believe the passage of tax reform is positive news and should
provide for stronger growth of Insperity, the small business community
and the broader U.S. economy. These one-time bonuses will be excluded
from our reported 2018 Adjusted EBITDA and Adjusted EPS results.”

About Insperity

Insperity, a trusted advisor to America’s best businesses for more than
31 years, provides an array of human resources and business solutions
designed to help improve business performance. Insperity®
Business Performance Advisors offer the most comprehensive suite of
products and services available in the marketplace. Insperity delivers
administrative relief, better benefits, reduced liabilities and a
systematic way to improve productivity through its premier Workforce
Optimization® solution. Additional company offerings include
Human Capital Management, Payroll Services, Time and Attendance,
Performance Management, Organizational Planning, Recruiting Services,
Employment Screening, Expense Management, Retirement Services and
Insurance Services. Insperity business performance solutions support
more than 100,000 businesses with over 2 million employees. With 2016
revenues of $2.9 billion, Insperity operates in 68 offices throughout
the United States. For more information, visit http://www.insperity.com.